OTIOSE/THE DISPOSABLE INDEX/Wealthsimple

Tech Layoff Tracker & Corporate Hypocrisy Database (2020-2026)

Layoffs & Culture at Wealthsimple

Finance

THE NUMBERS

-159 EMPTOTAL DISCARDED

0.1%WORKFORCE IMPACT

THE SCALE

REDUCED BY 0.1%

PEAK WORKFORCE (EST.)180,159 EMP

CURRENT WORKFORCE180,000 EMP

HISTORY

-159 EMP(2022.06)

"Immense market volatility"

🩸 LIKELY CASUALTIES (AI ESTIMATE):🔴Recruiting & HR (90%) ─ Reason: Hiring freeze rendering role obsolete.
🔴Marketing & Growth (85%) ─ Reason: Costly customer acquisition deemed unsustainable.
🟡Sales Development (75%) ─ Reason: Inefficient top-of-funnel overstaffing.
🤡 CORPORATE BS LEVEL:
85%

📰 VIEW SOURCE →

Wealthsimple has eliminated a total of 159 positions across 1 workforce events.

Layoffs & Culture at Wealthsimple

THE NUMBERS

THE SCALE

HISTORY

Other Big Tech Layoffs